Our market conditions are ripe for those looking to move into a new home. You can sell quickly and profitably, and buy while interest rates are low.

If you’ve been thinking about selling your home, three recent developments make this an ideal time to do so.

1. Mortgage rates have stabilized. They were at 3.4% last July, then shot up to 4.3% right after the election in November. Since then, the rates have stabilized and are still very low (historically speaking).

2. Job numbers are up. The U.S. Bureau of Labor Statistics reported that 225,000 new jobs were created in February. Over the past 12 months, we’ve seen 2.3 million jobs created. Business is doing well, consumer confidence is high, and it all bodes well for the future of the housing market.

3. Housing inventory is extremely low. February saw an almost 18% drop in the number of homes for sale. Since October 2008, we have consistently seen a steady decline in inventory. In fact, we’ve had 100 consecutive months of decreased inventory.

What does all this mean for you? Well if you’re thinking about selling, right now is the perfect time. You can sell very quickly in this market. Last year, homes were taking an average of 43 days to sell. While that’s still a great number, homes are selling in an average of just 30 days right now. With such low inventory, you can expect to get a great price for your home sale.

It’s also a good time to buy with interest rates staying low and steady. This market is a win-win situation if you’re looking to make a move. If you or somebody you know is interested in buying or selling soon and taking advantage of this market, give us a call or send us an email. We look forward to hearing from you.

About Tim Majka

The team at Imagine Realty specialize in residential and residential income property throughout Long Beach and the greater Los Angeles and Orange County area. Imagine Realty has over 50 years combined experience in the real estate industry and is ranked in the top 1% of real estate teams in Southern California.

Hear what people are saying about us:

Tim went far and beyond what I expected from a real estate agent. He drove me around the city and took me to as many places and I needed to see. This was the first property I’ve ever bought in my life so there was nothing he wouldn’t do to make sure it was right. There real...

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Tim went far and beyond what I expected from a real estate agent. He drove me around the city and took me to as many places and I needed to see. This was the first property I’ve ever bought in my life so there was nothing he wouldn’t do to make sure it was right. There really is nothing he wouldn’t do to please his clients!

I’ve worked with Tim on 3 transactions now and we’ve always had fantastic results! He’s just a really good Realtor and a really good guy. He’s always accessible and I really feel like he has my best interests in mind and that’s what’s so commendable. If it’s the right time ...

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I’ve worked with Tim on 3 transactions now and we’ve always had fantastic results! He’s just a really good Realtor and a really good guy. He’s always accessible and I really feel like he has my best interests in mind and that’s what’s so commendable. If it’s the right time to buy he’ll tell you if it’s the right offer or the wrong offer. There’s just something about him and his company where you just trust what they’re telling you. He’s really a guidance counselor, not just a real estate agent.